What is coming next?

Upon Friday close, there is now a standoff between bulls and bears.

Pro:
- Revert to dovish monetary policy
- Lack of alternative assets to be invested in
- Share buybacks are still propping up the market
- Trend is very strong
- Stock market manipulation is supported by banks and governments by any means.

Neutral:
- Institutional investors have shied away from this rally so far.
- Completion of trade deal is priced into the market.

Contra
- Abysmal economic news
- Debt bubble (car and student loans) is close to burst
- Central banks are unable to fight the increasing risk of stagflation or to stimulate economic growth.
- Stocks in general are highly priced.
- Trump's governance is facing more and more controversies (e.g. bragging about China trade deal weakens USA position in negotiations).
beyondtechnicalanalysistechstocksTrend Analysis

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